Manufactured Home in Mobile
50b-1121 Orcutt Rd San Luis Obispo, CA 93401
50b-1121 Orcutt Rd, San Luis Obispo, CA, 93401
$399,000
For Sale
$399,000
Move-in ready manufactured home with 2 bedrooms, 2 bathrooms, and a covered carport in an all-age, pet-friendly community.
Property Size1,020 SF
Price / SF$391.18
Days on Market26
Property Features for 50b-1121 Orcutt Rd
General Information
- Standard status
- Active
- Size
- 1,020 SF
- Property subtype
- Manufactured In Park
Listing Agency
Advantage Homes
(408) 316-9854
Listed by
Todd Su · License #01355922
(408) 316-9854
Source
Exprealty
Added: Jun 22 Checked: Jul 17 at 2:24 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Homes
Investment Insights
Based on property information with market context.
This move-in ready Skyline manufactured home offers 2 bedrooms and 2 bathrooms within a 1,020-square-foot layout. The home includes a well-appointed kitchen with major appliances, and the primary suite features a custom upgraded tile walk-in shower with modern finishes. A covered carport provides protected parking.
The property is located in Oceanaire Village Mobile Home Park. The community is described as all-age and pet-friendly.
As presented, the home is set up for comfortable, convenient everyday living with the covered carport and updated primary bath feature as key functional improvements.
The property is located in Oceanaire Village Mobile Home Park. The community is described as all-age and pet-friendly.
As presented, the home is set up for comfortable, convenient everyday living with the covered carport and updated primary bath feature as key functional improvements.
Key Highlights
- Move‑in ready manufactured home in Oceanaire Village Mobile Home Park
- 2 bed, 2 bath with 1,020 sq ft of living space
- Primary suite includes a custom upgraded tile walk‑in shower and stylish bathroom finishes
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $36.00 |
| − Vacancy | −$918 | −$0.90 |
| EGI | $35.8k | $35.10 |
| − OpEx | −$16.1k | −$15.80 |
| NOI | $19.7k | $19.31 |
1,020 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$281.3K
$246.1K – $328.2K
NOI $19,691 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$401.2K
$351.0K – $468.0K
NOI $28,081 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Move-in ready manufactured home with 2 bedrooms, 2 bathrooms, and a covered carport in an all-age, pet-friendly community.
Where is this mobile home & rv park located?
The property is located at 50b-1121 Orcutt Rd San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Move‑in ready manufactured home in Oceanaire Village Mobile Home Park; 2 bed, 2 bath with 1,020 sq ft of living space; Primary suite includes a custom upgraded tile walk‑in shower and stylish bathroom finishes
